Doing Business Economy Profile 2016 : Micronesia, Fed. Sts.
This economy profile for Doing Business 2016 presents the 11 Doing Business indicators for Micronesia, Federated States of. To allow for useful comparison, the profile also provides data for other selected economies (comparator economies) for each...
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2015
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2015/11/25351173/doing-business-2016-measuring-regulatory-quality-efficiency-micronesia-federated-states http://hdl.handle.net/10986/23303 |
| Summary: | This economy profile for Doing Business
2016 presents the 11 Doing Business indicators for
Micronesia, Federated States of. To allow for useful
comparison, the profile also provides data for other
selected economies (comparator economies) for each
indicator. Doing Business 2016 is the 13th edition in a
series of annual reports measuring the regulations that
enhance business activity and those that constrain it.
Economies are ranked on their ease of doing business; for
2015 Micronesia, Federated States of ranks 148. A high ease
of doing business ranking means the regulatory environment
is more conducive to the starting and operation of a local
firm. Doing Business presents quantitative indicators on
business regulations and the protection of property rights
that can be compared across 189 economies from Afghanistan
to Zimbabwe and over time. Doing Business sheds light on how
easy or difficult it is for a local entrepreneur to open and
run a small to medium-size business when complying with
relevant regulations. It measures and tracks changes in
regulations affecting 11 areas in the life cycle of a
business: starting a business, dealing with construction
permits, getting electricity, registering property, getting
credit, protecting minority investors, paying taxes, trading
across borders, enforcing contracts, resolving insolvency
and labor market regulation. The data in this report are
current as of June 1, 2015 (except for the paying taxes
indicators, which cover the period from January to December 2014). |
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